Vertus High School

Minutes

Monthly Finance Meeting

Date and Time

Tuesday June 9, 2026 at 2:00 PM

 

Vertus Charter School prepares leaders of character.

 

 

 

 

 

 

 

 

 

 

 

 

Committee Members Present

A. Bell, E. Gallina (remote), J. O'Connell

Committee Members Absent

None

Guests Present

A. Brisson, J. Locey

I. Opening Items

A.

Record Attendance

B.

Call the Meeting to Order

A. Bell called a meeting of the Finance Committee of Vertus High School to order on Tuesday Jun 9, 2026 at 2:04 PM.

C.

Approve Minutes

A. Bell made a motion to approve the minutes from Monthly Finance Meeting on 05-05-26.
J. O'Connell seconded the motion.
The committee VOTED to approve the motion.

II. Finance

A.

Monthly Reports Review

We reviewed the monthly reports and there were no material concerns. 

B.

26-27 Budget Draft

We briefly discussed the budget and some minor updates relating to incoming grants. We will be sharing the budget with the board at the next meeting for approval, along with a summary.

C.

Stock Gift Draft Policy

We reviewed the stock gift draft policy that was drafted. We need to do a few revisions to it once we discuss with KeyBank. We also discussed a donor facing gift policy acceptance letter. Final drafts will be presented at the next meeting for approval. 

We briefly discussed the building's expansion plans. 

III. Closing Items

A.

Adjourn Meeting

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 2:44 PM.

Respectfully Submitted,
A. Bell